Today: 15 May 2026

Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Lucid Group stock tumbles as Uber stake fails to ease funding worries

Lucid Group stock tumbles as Uber stake fails to ease funding worries

Lucid Group shares fell 9.6% to $6.25 Thursday after Uber disclosed an 11.52% stake, totaling 37.75 million shares, in a regulatory filing. The drop followed Lucid’s $1.05 billion capital raise last week, including $500 million from Uber and $550 million from Saudi Arabia’s PIF affiliate. Lucid produced 5,500 vehicles and delivered 3,093 in Q1, missing estimates after a supplier issue halted Gravity SUV deliveries.
23 April 2026
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Palantir Wins $300 Million USDA Deal Ahead of Key May Earnings

Palantir Wins $300 Million USDA Deal Ahead of Key May Earnings

Palantir signed a $300 million software agreement with the U.S. Department of Agriculture, expanding its government business ahead of its May 4 earnings report. Shares fell 7.2% Thursday despite the deal. The USDA said Palantir’s platform enabled rapid rollout of February’s $11 billion Farmer Bridge Assistance Program. The contract is a Blanket Purchase Agreement, allowing repeated orders over time rather than a single payment.
23 April 2026
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United Rentals Stock Surges 23% After Q1 Earnings Beat — Why Investors Rushed Back In

United Rentals Stock Surges 23% After Q1 Earnings Beat — Why Investors Rushed Back In

United Rentals shares surged 22.9% to $986.77 after the company raised its 2026 revenue and adjusted EBITDA outlook. First-quarter revenue hit a record $3.985 billion, with rental revenue up 8.7% and adjusted EPS at $9.71. Used equipment sales fell 7.2%, and specialty rental gross margin declined. Management cited strong demand in large projects but flagged delivery costs and revenue mix as ongoing concerns.
23 April 2026
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Figma Inc Sets May 14 Earnings Date as AI Competition, Board Changes Raise Stakes

Figma Inc Sets May 14 Earnings Date as AI Competition, Board Changes Raise Stakes

Figma will report first-quarter results on May 14 after U.S. markets close, amid rising competition from AI-driven rivals like Anthropic and Adobe. Director Mamoon Hamid will not seek re-election, and Anthropic’s Mike Krieger resigned from the board April 14. Figma projected 2026 revenue above analyst estimates in February, but warned in filings that AI tools could pressure growth and margins. CEO Dylan Field controls 72.3% of voting power.
23 April 2026
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Salesforce Expands Google Cloud AI Partnership as CRM Stock Slides in Software Selloff

Salesforce Expands Google Cloud AI Partnership as CRM Stock Slides in Software Selloff

Salesforce and Google Cloud expanded their AI partnership, adding integrations across Slack, Google Workspace, and Gemini Enterprise, with some features rolling out into late 2026. Salesforce shares fell about 9% Thursday amid renewed investor concerns over AI’s impact on software firms. Agentforce Sales entered open beta in Gemini Enterprise, while Gemini Enterprise in Slack remains in private preview. Over 1,400 customers are already using Gemini inside Agentforce.
23 April 2026
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QuantumScape Stock Whipsaws After Q1 Update as Solid-State Battery Developer Targets AI Data Centers

QuantumScape Stock Whipsaws After Q1 Update as Solid-State Battery Developer Targets AI Data Centers

QuantumScape shares swung sharply Thursday after the company launched its Eagle Line pilot production and began initial QSE-5 cell output. The stock opened at $9.65, peaked at $10.03, then fell to $7.17 by midmorning. QuantumScape reported a first-quarter net loss of $100.8 million and $904.7 million in liquidity. Another top-10 automaker joined its joint development efforts.
23 April 2026
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IBM Stock Tumbles After Earnings Beat as Software Slowdown Reignites AI Fears

IBM Stock Tumbles After Earnings Beat as Software Slowdown Reignites AI Fears

IBM shares fell 9.6% to $227.72 after first-quarter results showed slowing software and consulting growth, despite beating earnings estimates. The selloff spread to ServiceNow, Microsoft, and Adobe, while chip stocks rose. IBM reported $15.92 billion in revenue, up 9%, and raised its quarterly dividend to $1.69. Investors reacted to concerns over AI’s impact on older software businesses.
23 April 2026
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Arm, Caterpillar Stocks Jump as AI Trade Spreads Beyond Nvidia

Arm, Caterpillar Stocks Jump as AI Trade Spreads Beyond Nvidia

Arm Holdings jumped 5.4% and Caterpillar gained 4.2% Thursday as investors shifted focus to companies linked to data-center growth. Arm led gains among stocks highlighted by Zacks, with Apple flat and Nvidia and Meta down. Caterpillar cited rising demand for power systems from data-center clients. Arm’s new AGI CPU, developed with Meta, targets “agentic AI” and could generate $15 billion in annual revenue within five years.
23 April 2026
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US Stock Market Today: S&P 500, Nasdaq Stall Near Records as Oil Above $100 Clouds Wall Street

US Stock Market Today: S&P 500, Nasdaq Stall Near Records as Oil Above $100 Clouds Wall Street

The S&P 500 and Nasdaq slipped from record highs by late morning Thursday, with the Dow down 99.59 points, or 0.20%. Brent crude traded above $103 a barrel as Strait of Hormuz disruptions persisted. IBM, Tesla, and Lockheed Martin fell after earnings, while Texas Instruments surged 18.4%. Weekly U.S. jobless claims rose to 214,000; business activity expanded but inflation pressures remained.
23 April 2026
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IREN Stock Jumps as AI Cloud Bet Meets $6 Billion Dilution Test

IREN Stock Jumps as AI Cloud Bet Meets $6 Billion Dilution Test

IREN shares jumped 7.3% to $51.94 in New York Thursday amid debate over its shift from bitcoin mining to AI cloud services. The company plans to deploy 150,000 Nvidia GPUs by late 2026 and reported $2.8 billion in cash as of January. AI cloud revenue remains small compared to bitcoin mining, with $17.3 million last quarter. IREN can sell up to $6 billion in stock under a new SEC filing.
23 April 2026
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Hims Adds Lilly’s Zepbound and Foundayo as GLP-1 Price Fight Moves Online

Hims Adds Lilly’s Zepbound and Foundayo as GLP-1 Price Fight Moves Online

Hims & Hers Health said Thursday its providers can now send prescriptions for Eli Lilly’s Zepbound and Foundayo to LillyDirect, expanding branded obesity drug options on its platform. The move follows a similar deal with Novo Nordisk in March. Hims listed Foundayo from $149 a month and Zepbound from $299. The company previously stopped advertising compounded GLP-1s amid tighter U.S. regulations.
23 April 2026
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Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Greg Abel now controls about 94% of Berkshire Hathaway’s $300 billion stock portfolio after Todd Combs’ departure, consolidating authority more than Warren Buffett had planned. Abel has kept major U.S. holdings largely intact but increased investments in Japanese firms, including a new $1.8 billion stake in Tokio Marine. Recent portfolio trims, such as Apple and Amazon, reflect Buffett’s last quarter in charge.
23 April 2026
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Texas Instruments (TXN) Stock Jumps After Earnings Beat as Q2 Forecast Tops Wall Street

Texas Instruments (TXN) Stock Jumps After Earnings Beat as Q2 Forecast Tops Wall Street

Texas Instruments forecast second-quarter revenue of $5.0–$5.4 billion and earnings of $1.77–$2.05 a share, topping Wall Street estimates. First-quarter revenue rose 19% to $4.83 billion, with industrial sales up over 30% and data-center revenue up 90% from a year earlier. Shares jumped about 16% early Thursday. The company received $555 million from the U.S. CHIPS Act.
23 April 2026
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GameStop Stock Today: GME Slips as $420 Trade-In Buzz Fades and Valuation Debate Returns

GameStop Stock Today: GME Slips as $420 Trade-In Buzz Fades and Valuation Debate Returns

GameStop shares fell 1.6% to $25.24 Thursday morning, reversing part of Wednesday’s rally after a limited trade-in promotion ended. The company’s offer gave Pro members up to $420.69 for console trade-ins through April 22, but values returned to normal by Thursday. GameStop reported a 14% drop in fourth-quarter revenue in March and is shifting focus to trading cards and collectibles.
23 April 2026
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IBM Earnings Beat Isn’t Enough as AI Fears Slam Software Stocks

IBM Earnings Beat Isn’t Enough as AI Fears Slam Software Stocks

IBM shares dropped 9.5% Thursday despite first-quarter earnings beating estimates, as investors worried AI tools could threaten its software and consulting business. ServiceNow fell 17.5% and the iShares Expanded Tech-Software ETF lost 5.6%. IBM reported $15.9 billion in revenue, up 9%, but growth slowed from the prior quarter and guidance was unchanged.
23 April 2026
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Stock Market Today

  • 5 Key Pre-Market Insights as Futures Signal Lower Open
    May 15, 2026, 9:04 AM EDT. Stock futures indicate a sharp drop for major indexes at today's open, signaling cautious investor sentiment. Meanwhile, oil prices are climbing, impacting energy sector stocks. Investors should watch these developments closely as markets digest overnight news and economic data, influencing trading strategies at the open.

Latest articles

Boeing Got Its China Breakthrough. Wall Street Wanted More.

Boeing Got Its China Breakthrough. Wall Street Wanted More.

15 May 2026
China agreed to buy 200 Boeing jets, President Donald Trump said, with a possible commitment for up to 750 aircraft. Boeing shares fell 4.7% in premarket trading to $229.21 after the announcement, as investors had expected a larger order. Terms, including model types and delivery dates, were not disclosed. The deal would be Boeing’s first major Chinese order in nearly a decade.
Atmos Energy Stock Is Back in Focus After Strong Q2 Results — But Cash Still Matters

Atmos Energy Stock Is Back in Focus After Strong Q2 Results — But Cash Still Matters

15 May 2026
Atmos Energy raised its fiscal 2026 earnings guidance to $8.40–$8.50 per share and increased its quarterly dividend to $1.00, up 14.9% annually. First-half net income reached $984.9 million, with $2 billion spent on capital projects. The company added over 51,000 customers in the past year, including 39,000 in Texas. Shares traded at $180.87 premarket, valuing the utility at $30.35 billion.
Auddia Stock Surges as McCarthy Finney AI Merger Hits SEC Filing Stage

Auddia Stock Surges as McCarthy Finney AI Merger Hits SEC Filing Stage

15 May 2026
Auddia filed a Form S-4 with the SEC for its planned merger with Thramann Holdings, aiming to form McCarthy Finney, which would trade on Nasdaq as MCFN. AUUD shares jumped 59% in premarket trading to $1.94. The company said it completed $12 million in financing to meet the deal’s cash-at-close requirement. Auddia shareholders are expected to own about 20% of the new company.
Gemini Space Station Stock Jumps After Winklevoss Twins’ $100 Million Bitcoin Bet

Gemini Space Station Stock Jumps After Winklevoss Twins’ $100 Million Bitcoin Bet

15 May 2026
Winklevoss Capital Fund bought 7.14 million Gemini Class A shares at $14 each, paying with about 1,258 bitcoin. Gemini posted first-quarter revenue of $50.3 million, up 42%, and a net loss of $109 million. Shares rose over 20% premarket after closing at $5.26 Thursday. Exchange revenue fell 27% as trading volume dropped, but services and interest revenue more than doubled.
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